As the year draws to a close, it is time to look back at some of the biggest deals that happened during 2024.From oil and gas ...

Seplat Energy has completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil for $800 million, significantly down from the initial $1.28 billion agreement. The deal ...

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MPNU, which includes the entire offshore shallow water business of ExxonMobil in Nigeria, is an established operator with a highly skilled local team and a proven track record of safe operations.

Seplat Energy, an independent energy company in Nigeria, has integrated over 1,000 and 500 contractors from former Mobil Producing Nigeria Unlimited (MPNU) staff into its workforce following the ...

Seplat Energy Plc, an indigenous energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, yesterday announced that it has completed its acquisition of Mobil ...

Seplat Energy Plc has completed its acquisition of Mobil Producing Nigeria Unlimited ("MPNU") from ExxonMobil. The transaction worth $1.2bn, according to Seplat, "Is transformative for Seplat ...

Nigeria’s indigenous firm, Seplat Energy Plc, has finally completed its acquisition of Mobil Producing Nigeria Unlimited, MPNU, from ExxonMobil at $800 million after over two years when the ...

Following the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, Seplat plans to target gas exports and local supply. After finalising a deal that was in the works for almost ...

MPNU is a perfect fit with our strategy to build a sustainable business that can deliver affordable, accessible, and reliable energy for Nigeria alongside attractive returns to our shareholders.” ...

(Alliance News) - Seplat Energy PLC on Monday said it has received approval from the UK Financial Conduct Authority for its reverse takeover of Mobil Producing Nigeria Unlimited. The Nigeria ...

The post-tax impact on MPNU is estimated to be between $25-35 million. This strategic move will increase Seplat's production to approximately 120,000 barrels of oil equivalent per day and expand ...